China Yuchai International (NYSE:CYD) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

China Yuchai International Limited (NYSE:CYD)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.84 and traded as high as $23.22. China Yuchai International shares last traded at $18.94, with a volume of 1,531,180 shares.

Analyst Ratings Changes

Separately, StockNews.com cut China Yuchai International from a “buy” rating to a “hold” rating in a research report on Friday, February 14th.

China Yuchai International Trading Up 5.3 %

The company has a 50-day moving average price of $11.03 and a 200-day moving average price of $10.97.

Institutional Trading of China Yuchai International

Large investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of China Yuchai International by 299.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after purchasing an additional 10,207 shares during the period. Nomura Holdings Inc. acquired a new stake in shares of China Yuchai International in the 4th quarter valued at about $191,000. Verity Asset Management Inc. boosted its position in shares of China Yuchai International by 19.5% in the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock valued at $235,000 after purchasing an additional 4,029 shares during the period. Millennium Management LLC boosted its position in shares of China Yuchai International by 42.2% in the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock valued at $450,000 after purchasing an additional 14,030 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of China Yuchai International by 2.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after purchasing an additional 1,842 shares during the period.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.